MacKenzie Scott’s Billion-Dollar University Donations

MacKenzie Scott's university contributions exceeded $1 billion by 2023. Recent donations include $80M to Howard University and significant gifts to other HBCUs, supporting scholarships and research.

In 2019, Scott promised to hand out half her wealth in her lifetime. By 2023, her contributions to universities surpassed $1 billion. This year, Scott has given away $80 million to Howard University in Washington, D.C.; $38 million to the College of Maryland Eastern Shore; and $38 million each to Spelman College and Clark Atlanta College in Georgia.

Scott’s Growing Philanthropic Impact

Prairie Sight A&M College, North Carolina Agricultural and Technical State College, Bowie State College, Norfolk State College and Winston-Salem State University are the current HBCUs to benefit from Scott’s philanthropy– she has already donated to at the very least eight various other institutions this year.

HBCUs Benefit from Scott’s Generosity

The five universities stated they would certainly use the donations to proceed their calculated strategies via financing scholarships, growing endowments, boosting teaching and research study, and supporting student success.

“This present is greater than charitable– it is specifying and verifying,” said Meadow Sight A&M head of state Tomikia LeGrande in a declaration. “MacKenzie Scott’s financial investment amplifies the power and guarantee of a Meadow Sight A&M College education and learning as we progress our vision of coming to be a premier public, research-intensive HBCU that serves as a nationwide version for trainee success.”

Statements from University Presidents

“North Carolina A&T is deeply thankful for Ms. Scott’s declared belief in our objective and for the instance she embeds in placing trust fund in establishments like ours to drive generational modification through exploration, education and learning and technology.”

On Friday, Pasture Sight and North Carolina A&T said they obtained $63 million each, the largest solitary presents ever gotten in their backgrounds, which comply with previous presents from Scott in 2020–$ 50 million to Meadow View and $45 million to N.C. A&T. Her assistance for each and every institution amounts to $113 million and $108 million, specifically.